34240 Redwood Dawn Ln, Wesley Chapel, FL 33543
3 beds · 3 baths · 1,673 sqft
Secure this home’s 3.25% assumable mortgage, save thousands annually, and close in 45 days when you work with Roam. Inquire with listing agent for more details! Don't WAIT to Build new? THIS one is READY for you!!! And presents as new, with beautiful upgrades and a conservation lot! Welcome home to this stunning 3 bedroom, 2 ½ bath townhome that has been meticulously maintained by its original owners! Step inside the lovely foyer to be greeted with 18” tile flooring that runs throughout the downstairs. High ceilings, lots of Natural Light and Beautiful Light fixtures are also features of this Gorgeous Townhome. The spacious Kitchen is a Chef’s Delight featuring beautiful light colored Granite Countertops with a large Island (so much space for prepping and entertaining), an oversized single basin sink (gives you the farmhouse feel) an upgraded Spring Neck Kitchen Faucet, and wait until you see the size of the walk-in pantry! Other amenities of the Kitchen include Espresso Maple Cabinetry, a beautiful herringbone backsplash, and Stainless Steel appliances. The Kitchen is Open to both a Large Dining area and Huge Living Room, wonderful for gathering with Family and Friends! A Covered porch is at the back of the home, and it backs to a conservation area so is very private. Upstairs you will find 3 large bedrooms, 2 baths, the Laundry area, and tons of closet space! The Master Bedroom features 2 large closets and an ensuite bath with dual sinks and a large shower. Bedroom 2 is such a unique size, with extra space that could be whatever you need, an office, den, nursery, art room, use your imagination! All the Bedrooms feature large closets, and there is also storage under the stairs, so no lack of storage here! There is a WATER SOFTENER included, the Builders are not including those, so you'll be another step ahead and not waiting to build! To top it all off, this townhome has a 1 Car Garage as well as an extra space (side by side) in the driveway, so 3 parking spaces all total for your personal use, and there is ample guest parking around the community. Summerstone is located in a great spot in Wesley Chapel, close to the Wiregrass Mall and Outlets, all of the new Medical facilities, tons of Restaurants and Entertainment Venues, Plus easy access to I-75, I-275, and I-4! Summerstone features a resort style community pool, park and playground. Schedule your private viewing today and live the Florida Lifestyle!
Source: STELLAR #t3527159
Source: STELLAR #t3527159
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #t3527159
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.